In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Morley is a city in Scott County, Missouri, United States. The population was 792 at the 2000 census. It was surveyed and laid out by John Morley, a railroad engineer in about 1870. During the latter part of the 1800s and early 1900s both melons and cotton were important products of the area. The Iron Mountain Railroad and later the Missouri Pacific Railroad ran through the town. Several cotton gins were built in the town, but none exist today. The Morley schools were located in the southeastly part of the village, the earliest was built about 1915. In 1940, a new high school was built in which students attended through 1959 when the consolidation with the Vanduser schools occurred. The new high school became Scott County Central High School, and was built on Highway 61 south of the village near Kluges Hill.